Technical View of Cnx IT & Bank Nifty, 21 January 2016

Bank Nifty Intraday levels and trading tips

Today, 15000 is crucial for Intraday.

If Bank Nifty sustains below 15000 then it could test 14800 and below that level it could test 14650.

Instead, if Bank Nifty trades above 15000 then it could test 15200.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 21 January 2016

Reliance

Today, 1020 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1020 is crucial for short term. Positional Traders, trade long above 1020 for a target of 1030. Trade short below 1020 for a target of 980